ReutersUS energy bankruptcy wave surges despite recovering oil pricesReutersHOUSTON The wave of U.S. oil and gas bankruptcies surged past 60 this week, an ominous sign that the recovery of crude prices to near $50 a barrel is too little, too late for small …
CNNMoneyThis oil stock crashed 29% this weekCNNMoneyOil prices has stopped crashing, but oilfield services company Weatherford International is still in crisis mode. Weatherford (WFT) stock has plummeted 29% this week, on track for its biggest weekly plung …
CNNMoneyThis oil stock crashed 30% this weekCNNMoneyOil prices has stopped crashing, but oilfield services company Weatherford International is still in crisis mode. Weatherford (WFT) stock has plummeted 30% this week, its biggest weekly plunge since the 2 …
Barron'sOil Companies Ultra Petroleum, Midstates File for BankruptcyWall Street JournalTwo more publicly traded oil and natural gas companies, with combined debts of more than $5.8 billion, filed for chapter 11 bankruptcy protection in Texas as the industr …
Yahoo NewsStung by low oil prices, Exxon loses 'AAA' rating from S&PYahoo NewsFILE - This April 29, 2014, file photo, shows an Exxon sign at an Exxon gas station in Carnegie, Pa. Low oil prices have helped cost Exxon its pristine "AAA" …
ThinkProgressPepsi's Continued Use Of 'Conflict Palm Oil' Comes Under Fire From Environmental ActivistsThinkProgressActivists on Monday delivered their demand by draping a massive “Cut Conflict Palm Oil” banner from New York City's iconic, …
CNNMoneyOuch. Oil companies lose whopping $67 billionCNNMoneyThe crash in crude oil prices caused a stunning $67 billion in combined losses by 40 publicly-traded U.S. oil producers last year, according Energy Information Administration research. And the bl …
Wall Street JournalColombian Oil Producer Pacific Falls From GraceWall Street JournalBOGOTÁ, Colombia—Latin America's largest privately owned oil producer said it was preparing to file for bankruptcy-court protection after reaching a tentative restruct …
Wall Street JournalKicking the Oil Business When It's DownWall Street JournalCrude oil prices have dropped precipitously over the past 18 months, and while there has been a recent uptick, the energy industry is struggling. Despite laying off workers, c …
Oil price recovery stallsThe HeraldDUBAI. — Having rallied strongly from a 13-year low in early February, moving into a net positive for 2016 as a whole and recording the best monthly advance for a year, the oil price recovery has stalled in recent weeks. …